By demonstrating the importance of the own source of EU revenue, rather than focusing solely on the size of its budget, we can understand that financing the EU is not a ‘zero-sum’ game.
Therefore, we use the term ‘fiscalization’ which implies the power to tax, rather than ambiguous terms such as ‘Eurozone budget’. History of federations, such as the US, teaches us that some types of taxes can only be effectively - and justly - levied by the highest level of government, the revenue from which could then be used for the common goods. Importantly, our data, based on YouGov survey conducted in 11 European countries, shows that the citizens support the introduction of European taxes, such a tax on large internet companies, which could reinstall the tax justice, provide more revenues for delivering EU-wide common goods and to make the Economic and Monetary Union more resilient.
